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The Philippine economy avoids a return to recession despite renewed lockdowns in August. Gross domestic product (GDP) grows 7.1% year-on-year in the third quarter, easing from revised 12% growth ...
MANILA, Philippines (Update 1, 1:48 p.m.) — The Philippine economy grew beyond the government’s expectations last year, with growth in the fourth quarter surprising on the upside despite the ...
The Philippine economy rebounded stronger than expected in 2021 after a relaxation of Covid-19 rules fuelled consumer spending and got more people back to work, officials said Thursday as they ...
The Philippine economy exited a pandemic-induced recession with its fastest year-on-year growth in over three decades, but tighter COVID-19 curbs could hamper the recovery and boost expectations ...
The Philippine economy shrank at a slower pace in the fourth quarter of last year, helped by higher government spending, but saw a record full-year contraction in 2020 as it grappled with the ...
The Philippine economy jumped 5.6% in 2021, in a better-than-expected performance following the COVID-driven record 2020 slump.
The Asian Development Outlook (ADO) 2021, ADB's flagship economic publication, forecasts the Philippine economy to grow by 4.5 per cent in 2021 and 5.5 percent in 2022.
The Philippine economy shrank by more than expected in the first quarter of 2021, supporting views that the central bank will keep interest rates at a record-low at a policy meeting on Wednesday ...
The Philippine economy expanded more quickly than expected in 2021, and looks set to accelerate further this year, but the impact of a resurgence in COVID-19 cases suggests the central bank is ...
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